Terms of Service
Legal terms and conditions governing your use of the Vaultify platform and services.
Last Updated: January 15, 2025
1. Agreement to Terms
These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Vaultify Inc. ("Vaultify," "we," "us," or "our") regarding your use of the Vaultify platform and related services (collectively, the "Services").
By accessing, using, or registering for our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you must not use our Services.
IMPORTANT: These Terms contain provisions that limit our liability and require individual arbitration of disputes rather than class actions or jury trials.
2. Eligibility and Account Registration
2.1 Eligibility Requirements
To use our Services, you must:
- Be at least 18 years of age
- Have the legal capacity to enter into binding contracts
- Not be prohibited from using our Services under applicable laws
- Reside in a jurisdiction where our Services are legally available
- Meet any additional eligibility criteria for specific Services
2.2 Account Registration
To access certain features, you must create an account by providing:
- Accurate and complete personal information
- Valid contact information
- Verification documents as required by law
- Compliance with our Know Your Customer (KYC) procedures
2.3 Account Security
You are responsible for:
- Maintaining the confidentiality of your account credentials
- All activities that occur under your account
- Immediately notifying us of any unauthorized access
- Using strong passwords and enabling two-factor authentication
3. Description of Services
3.1 Platform Services
Vaultify provides a blockchain-based token investment platform that enables users to:
- Purchase and hold digital tokens
- Access investment opportunities in vetted projects
- Participate in token sales and distributions
- Monitor portfolio performance and analytics
- Engage with our community and governance features
3.2 Service Modifications
We reserve the right to:
- Modify, suspend, or discontinue any aspect of our Services
- Update features, functionality, and user interfaces
- Implement new terms or conditions for specific Services
- Restrict access to certain features or jurisdictions
3.3 Third-Party Services
Our platform may integrate with third-party services, including:
- Payment processors and financial institutions
- Blockchain networks and wallet providers
- Identity verification and compliance services
- Analytics and communication tools
4. User Obligations and Prohibited Conduct
4.1 Compliance with Laws
You agree to comply with all applicable laws, regulations, and industry standards, including:
- Securities laws and regulations
- Anti-money laundering (AML) requirements
- Tax reporting and payment obligations
- Data protection and privacy laws
4.2 Prohibited Activities
You may not use our Services to:
- Engage in fraudulent, deceptive, or manipulative activities
- Violate any applicable laws or regulations
- Infringe on intellectual property rights
- Transmit malicious code or conduct cyber attacks
- Create multiple accounts or use false identities
- Attempt to circumvent security measures
- Engage in market manipulation or insider trading
- Use our Services for money laundering or terrorist financing
4.3 Content Standards
Any content you submit must:
- Be accurate, truthful, and not misleading
- Not violate any third-party rights
- Comply with our community guidelines
- Not contain harmful or offensive material
5. Token Purchases and Investment Terms
5.1 Investment Nature
Token purchases through our platform constitute high-risk investments. You acknowledge that:
- Token values may fluctuate significantly
- You may lose some or all of your investment
- Past performance does not guarantee future results
- Regulatory changes may affect token value and utility
5.2 Purchase Process
Token purchases are subject to:
- Successful completion of KYC/AML verification
- Availability of tokens and platform capacity
- Compliance with investment limits and restrictions
- Payment of applicable fees and charges
5.3 Vesting and Lock-up Periods
Certain tokens may be subject to:
- Vesting schedules that restrict immediate access
- Lock-up periods preventing transfers or sales
- Gradual release mechanisms over specified timeframes
- Conditions precedent for full token distribution
5.4 No Refunds
All token purchases are final. We do not provide refunds except as required by applicable law or in cases of platform error.
6. Fees and Payments
6.1 Platform Fees
We may charge fees for various services, including:
- Transaction fees for token purchases
- Management fees for certain investment products
- Withdrawal and transfer fees
- Premium subscription fees for enhanced features
6.2 Fee Changes
We reserve the right to modify our fee structure with appropriate notice. Continued use of our Services after fee changes constitutes acceptance of the new fees.
6.3 Payment Methods
We accept payments through approved methods, including:
- Cryptocurrency transfers
- Bank transfers and wire payments
- Credit and debit cards (where available)
- Other payment methods as specified
6.4 Tax Responsibilities
You are solely responsible for determining and paying any applicable taxes on your transactions and investments.
7. Intellectual Property Rights
7.1 Our Rights
Vaultify owns all rights, title, and interest in:
- The platform software and technology
- Trademarks, logos, and brand elements
- Content, documentation, and materials
- Proprietary algorithms and methodologies
7.2 Limited License
We grant you a limited, non-exclusive, non-transferable license to use our Services for their intended purpose, subject to these Terms.
7.3 User Content
By submitting content to our platform, you grant us a worldwide, royalty-free license to use, modify, and display such content in connection with our Services.
8. Privacy and Data Protection
Your privacy is important to us. Our collection, use, and protection of your personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference.
8.1 Data Collection
We collect and process personal information as necessary to:
- Provide our Services and maintain your account
- Comply with legal and regulatory requirements
- Prevent fraud and ensure platform security
- Improve our Services and user experience
8.2 Data Security
We implement industry-standard security measures to protect your information, but cannot guarantee absolute security.
9. Disclaimers and Limitations of Liability
9.1 Service Disclaimers
OUR SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND. We disclaim all warranties, including:
- Merchantability and fitness for a particular purpose
- Non-infringement of third-party rights
- Uninterrupted or error-free operation
- Accuracy or completeness of information
9.2 Investment Disclaimers
We do not provide investment advice or recommendations. You acknowledge that:
- All investment decisions are made at your own risk
- We are not responsible for investment outcomes
- You should consult with qualified professionals
- Regulatory status of tokens may be uncertain
9.3 Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR LIABILITY IS LIMITED TO THE AMOUNT YOU PAID FOR THE SPECIFIC SERVICE GIVING RISE TO THE CLAIM.
We are not liable for:
- Indirect, incidental, or consequential damages
- Loss of profits, data, or business opportunities
- Third-party actions or blockchain network issues
- Market volatility or investment losses
10. Indemnification
You agree to indemnify, defend, and hold harmless Vaultify and its affiliates, officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from:
- Your use of our Services
- Violation of these Terms or applicable laws
- Infringement of third-party rights
- Your investment decisions and activities
11. Dispute Resolution
11.1 Binding Arbitration
DISPUTES WILL BE RESOLVED THROUGH BINDING INDIVIDUAL ARBITRATION RATHER THAN COURT PROCEEDINGS.
Arbitration terms:
- Administered by the American Arbitration Association (AAA)
- Conducted under AAA Commercial Arbitration Rules
- Located in New York, New York
- Decided by a single arbitrator
11.2 Class Action Waiver
YOU WAIVE THE RIGHT TO PARTICIPATE IN CLASS ACTIONS OR REPRESENTATIVE PROCEEDINGS. All disputes must be brought individually.
11.3 Exceptions
The following disputes may be brought in court:
- Small claims court matters within jurisdictional limits
- Intellectual property infringement claims
- Requests for injunctive relief
12. Termination
12.1 Termination by You
You may terminate your account at any time by following our account closure procedures. Termination does not relieve you of obligations incurred prior to termination.
12.2 Termination by Us
We may suspend or terminate your account immediately if:
- You violate these Terms or applicable laws
- We suspect fraudulent or suspicious activity
- Required by legal or regulatory authorities
- You fail to complete required verification procedures
12.3 Effect of Termination
Upon termination:
- Your access to Services will be discontinued
- Outstanding obligations remain in effect
- We may retain information as required by law
- Certain provisions of these Terms survive termination
13. General Provisions
13.1 Governing Law
These Terms are governed by the laws of the State of New York, without regard to conflict of law principles.
13.2 Severability
If any provision of these Terms is found unenforceable, the remaining provisions will continue in full force and effect.
13.3 Entire Agreement
These Terms, together with our Privacy Policy and any additional terms for specific Services, constitute the entire agreement between you and Vaultify.
13.4 Assignment
We may assign these Terms without your consent. You may not assign your rights or obligations without our written consent.
13.5 Force Majeure
We are not liable for delays or failures due to circumstances beyond our reasonable control, including natural disasters, government actions, or technical failures.
14. Changes to Terms
We may modify these Terms at any time. Material changes will be communicated through:
- Email notifications to your registered address
- Prominent notices on our platform
- In-app notifications
Continued use of our Services after changes constitutes acceptance of the modified Terms.